June 2019

GLOBAL CHROME WRAP: Ore, alloy prices under pressure globally amid weak demand

Chrome ore prices dropped again in China and alloy prices weakened globally in the week ended Friday June 21 due to poor demand.

Schalamon retires as Samancor CEO; McManus takes over helm

Jürgen Schalamon will retire from his role as chief executive officer of Samancor Chrome at the end of June after nearly 15 years in the position, Fastmarkets understands.

PRICING NOTICE: Amendment to frequency of assessments of chrome ore inventories at major Chinese ports

Fastmarkets MB has decided to increase the frequency of the assessment for chrome ore inventories at the main Chinese ports of Tianjin, Qinzhou, Lianyungang and Shanghai to weekly from fortnightly on Monday June 24.

GLOBAL CHROME SNAPSHOT: Weak demand weighs on Europe, Asia markets

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday June 21.

PRICING NOTICE: Standardization of Fastmarkets’ price names

Fastmarkets has standardized the names of our metals and minerals prices across our product suite for ease of use and greater transparency.

FASTMARKETS NON-FERROUS PRICE CHANGES 21/06: Noble alloys, bulk alloys & ores

The following Fastmarkets noble alloys, bulk alloys and ores prices changed on Friday June 21:

GLOBAL CHROME WRAP: Softening demand, ample supply continue to weigh on Chinese, European markets

Chrome ore and alloys prices fell further in China in the week ended Friday June 14 with sentiment remaining bearish.

GLOBAL CHROME SNAPSHOT: Weak demand, ample supply weigh on alloys in Europe, China

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday June 14.

FASTMARKETS NON-FERROUS PRICE CHANGES 14/06: Noble alloys, bulk alloys & ores

The following Fastmarkets noble alloys, bulk alloys and ores prices changed on Friday June 14:

Chinese chrome consumers predict weaker ore market amid South African alloy production cuts

Cuts to South Africa’s production of ferro-chrome have added to bearish market sentiment in China amid predictions that increased availability of raw materials will weigh on ore prices, Fastmarkets heard in the week ended Friday June 14.